Sherwin-Williams Company (The)Close $345.27EOD only
Max Pain
$350.00
Next expiry Aug 21, 2026
Expected Move
±$8.30
2.4% from close
Price Gap
+4.73
Distance to max pain
IV Rank
41
Middle-high premium
P/C OI
1.12
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: Aug 18, 2026 close
End-of-day snapshot
This page reflects SHW options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Aug 18, 2026 close
Max Pain — SHW
Data as of market close Aug 18, 2026
Nearest listed expiration 2026-08-21 shows max pain at $350.00 (4.73 above spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$350.00
Nearest expiry
Expected Move
±$8.30
±2.4%
Days to Expiry
3
Calendar days
Total Call OI
3,059
Nearest expiry
Total Put OI
7,500
Nearest expiry
P/C OI Ratio
2.45
Put-heavy
Spot Price
$345.27
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-08-21
Expiration
Max Pain Strike
Last Updated
2026-06-18
$310.00
6/18/2026, 11:31:20 PM
2026-07-17
$320.00
7/17/2026, 11:31:42 PM
2026-08-21NextUpdated
$350.00
8/18/2026, 11:38:58 PM
2026-09-18
$340.00
8/18/2026, 11:38:58 PM
2026-12-18
$330.00
8/18/2026, 11:38:58 PM
2027-01-15
$340.00
8/18/2026, 11:38:58 PM
2027-03-19
$320.00
8/18/2026, 11:38:58 PM
2027-06-17
$320.00
8/18/2026, 11:38:58 PM
Selected expiration: 2026-08-21 at max pain $350.00.
SHW pain by strike for 2026-08-21 expiration
Strike
Call Pain
Put Pain
Total Pain
190
0
87686500
87686500
195
0
83938500
83938500
200
0
80197000
80197000
210
0
72722000
72722000
220
1000
65248000
65249000
230
2000
57788000
57790000
240
3000
50350000
50353000
250
4000
42960000
42964000
260
5000
35741000
35746000
270
6000
28551000
28557000
280
9000
21614000
21623000
290
13000
14740000
14753000
300
17000
8379000
8396000
310
28000
6191000
6219000
320
129000
4217000
4346000
330
266000
2609000
2875000
340
891000
1276000
2167000
350
1679000
261000
1940000
360
3050000
19000
3069000
370
5342000
6000
5348000
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures
Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.
How traders use it
It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.
What can break it
Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.
The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.